qrs limited

2.5

qrs limited Company Information

Share QRS LIMITED
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Company Number

04818003

Registered Address

the old council chambers, halford street, tamworth, staffordshire, B79 7RB

Industry

Other business support service activities n.e.c.

 

Telephone

441707331332

Next Accounts Due

September 2025

Group Structure

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Directors

Rebecca Wood5 Years

Shareholders

rebecca wood 100%

qrs limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of QRS LIMITED at £1.2m based on a Turnover of £2.1m and 0.58x industry multiple (adjusted for size and gross margin).

qrs limited Estimated Valuation

£186.2k

Pomanda estimates the enterprise value of QRS LIMITED at £186.2k based on an EBITDA of £41.8k and a 4.45x industry multiple (adjusted for size and gross margin).

qrs limited Estimated Valuation

£474.9k

Pomanda estimates the enterprise value of QRS LIMITED at £474.9k based on Net Assets of £185.1k and 2.57x industry multiple (adjusted for liquidity).

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Qrs Limited Overview

Qrs Limited is a live company located in tamworth, B79 7RB with a Companies House number of 04818003. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2003, it's largest shareholder is rebecca wood with a 100% stake. Qrs Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.1m with rapid growth in recent years.

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Qrs Limited Health Check

Pomanda's financial health check has awarded Qrs Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £2.1m, make it smaller than the average company (£4.4m)

£2.1m - Qrs Limited

£4.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (6.3%)

42% - Qrs Limited

6.3% - Industry AVG

production

Production

with a gross margin of 37.6%, this company has a comparable cost of product (37.6%)

37.6% - Qrs Limited

37.6% - Industry AVG

profitability

Profitability

an operating margin of 1.9% make it less profitable than the average company (5.7%)

1.9% - Qrs Limited

5.7% - Industry AVG

employees

Employees

with 18 employees, this is below the industry average (26)

18 - Qrs Limited

26 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)

£51.9k - Qrs Limited

£51.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £114.3k, this is less efficient (£165k)

£114.3k - Qrs Limited

£165k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 48 days, this is near the average (40 days)

48 days - Qrs Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 20 days, this is quicker than average (31 days)

20 days - Qrs Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Qrs Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (24 weeks)

10 weeks - Qrs Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 42.6%, this is a lower level of debt than the average (61.7%)

42.6% - Qrs Limited

61.7% - Industry AVG

QRS LIMITED financials

EXPORTms excel logo

Qrs Limited's latest turnover from December 2023 is estimated at £2.1 million and the company has net assets of £185.1 thousand. According to their latest financial statements, Qrs Limited has 18 employees and maintains cash reserves of £27.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover2,058,1802,554,018851,634723,2721,195,832891,9052,752,6822,053,2911,289,0792,555,3093,703,3016,303,8563,395,2764,617,2680
Other Income Or Grants000000000000000
Cost Of Sales1,285,0371,564,734532,246455,688748,271560,6411,714,1821,270,630819,5441,650,4662,413,1814,034,2642,126,8232,825,2490
Gross Profit773,144989,285319,388267,584447,561331,2641,038,501782,661469,536904,8431,290,1202,269,5921,268,4521,792,0190
Admin Expenses733,159873,887310,224268,425849,456141,581800,658749,625450,153831,8261,238,7042,302,4461,300,9601,854,303-135,312
Operating Profit39,985115,3989,164-841-401,895189,683237,84333,03619,38373,01751,416-32,854-32,508-62,284135,312
Interest Payable1,2492,2331,76691500000000000
Interest Receivable1,7131,792133521,8481,8741902323614129102
Pre-Tax Profit40,449114,9587,531-1,705-400,047191,557238,03333,05919,40673,02351,430-32,842-32,499-62,274135,314
Tax-10,112-21,842-1,43100-36,396-45,226-6,612-3,881-15,335-11,829000-37,888
Profit After Tax30,33793,1166,100-1,705-400,047155,161192,80726,44715,52557,68839,601-32,842-32,499-62,27497,426
Dividends Paid000000000000000
Retained Profit30,33793,1166,100-1,705-400,047155,161192,80726,44715,52557,68839,601-32,842-32,499-62,27497,426
Employee Costs934,693910,018531,712506,822591,923528,2831,130,2681,090,633375,308748,3791,028,0211,720,548949,5271,308,4310
Number Of Employees1818111113122726918254324340
EBITDA*41,809116,61410,4401,353-399,049192,935240,92036,09221,21674,43753,069-30,450-29,250-58,533139,007

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets7,7775,4716,4078,24910,44312,38114,87314,19413,5365,4994,3005,5968,74010,06414,084
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)0002,91800000000000
Total Fixed Assets7,7775,4716,40711,16710,44312,38114,87314,19413,5365,4994,3005,5968,74010,06414,084
Stock & work in progress000000000000000
Trade Debtors273,556405,64989,53565,948119,51898,637431,944234,531243,289353,045470,724808,592421,401649,0461,636,898
Group Debtors000000000000000
Misc Debtors13,8124,083342017,28410,04911,3656,6105,67700084,21597110,335
Cash27,54640,96661,45544,73458,323434,40365,35310,7377,6781,6428474,5853093,306644
misc current assets000000000000000
total current assets314,914450,698151,332110,682195,125543,089508,662251,878256,644354,687471,571813,177505,925653,3231,647,877
total assets322,691456,169157,739121,849205,568555,470523,535266,072270,180360,186475,871818,773514,665663,3871,661,961
Bank overdraft2,2036,0006,0005,45500000000000
Bank loan000000000000000
Trade Creditors 73,630170,22638,8634,974105,24618,120102,66969,46036,979292,004465,686848,014510,782626,8201,562,580
Group/Directors Accounts00000000000007438
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities59,637109,51129,50529,81041,15677,793116,02784,614147,830000000
total current liabilities135,470285,73774,36840,239146,40295,913218,696154,074184,809292,004465,686848,014510,782626,8941,562,618
loans014,50020,50024,54600000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions2,0801,1281,1831,4761,8732,2172,6602,6262,4467824736489301,0411,617
total long term liabilities2,08015,62821,68326,0221,8732,2172,6602,6262,4467824736489301,0411,617
total liabilities137,550301,36596,05166,261148,27598,130221,356156,700187,255292,786466,159848,662511,712627,9351,564,235
net assets185,141154,80461,68855,58857,293457,340302,179109,37282,92567,4009,712-29,8892,95335,45297,726
total shareholders funds185,141154,80461,68855,58857,293457,340302,179109,37282,92567,4009,712-29,8892,95335,45297,726
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit39,985115,3989,164-841-401,895189,683237,84333,03619,38373,01751,416-32,854-32,508-62,284135,312
Depreciation1,8241,2161,2762,1942,8463,2523,0773,0561,8331,4201,6532,4043,2583,7513,695
Amortisation000000000000000
Tax-10,112-21,842-1,43100-36,396-45,226-6,612-3,881-15,335-11,829000-37,888
Stock000000000000000
Debtors-122,364319,85521,011-67,93628,116-334,623202,168-7,825-104,079-117,679-337,868302,976-144,401-997,2161,647,233
Creditors-96,596131,36333,889-100,27287,126-84,54933,20932,481-255,025-173,682-382,328337,232-116,038-935,7601,562,580
Accruals and Deferred Income-49,87480,006-305-11,346-36,637-38,23431,413-63,216147,830000000
Deferred Taxes & Provisions952-55-293-397-344-443341801,664309-175-282-111-5761,617
Cash flow from operations8,543-13,76921,289-42,726-377,020367,93658,1826,75015,8833,408-3,3953,524-9982,34718,083
Investing Activities
capital expenditure-4,130-2805660-908-760-3,756-3,714-9,870-2,619-357740-1,934269-17,779
Change in Investments000000000000000
cash flow from investments-4,130-2805660-908-760-3,756-3,714-9,870-2,619-357740-1,934269-17,779
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000-743638
Other Short Term Loans 000000000000000
Long term loans-14,500-6,000-4,04624,54600000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000000000000300
interest464-441-1,633-8631,8481,8741902323614129102
cash flow from financing-14,036-6,441-5,67923,6831,8481,874190232361412-6546340
cash and cash equivalents
cash-13,420-20,48916,721-13,589-376,080369,05054,6163,0596,036795-3,7384,276-2,9972,662644
overdraft-3,79705455,45500000000000
change in cash-9,623-20,48916,176-19,044-376,080369,05054,6163,0596,036795-3,7384,276-2,9972,662644

qrs limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Qrs Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for qrs limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in B79 area or any other competitors across 12 key performance metrics.

qrs limited Ownership

QRS LIMITED group structure

Qrs Limited has no subsidiary companies.

Ultimate parent company

QRS LIMITED

04818003

QRS LIMITED Shareholders

rebecca wood 100%

qrs limited directors

Qrs Limited currently has 1 director, Mrs Rebecca Wood serving since Mar 2019.

officercountryagestartendrole
Mrs Rebecca WoodEngland43 years Mar 2019- Director

P&L

December 2023

turnover

2.1m

-19%

operating profit

40k

0%

gross margin

37.6%

-3.02%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

185.1k

+0.2%

total assets

322.7k

-0.29%

cash

27.5k

-0.33%

net assets

Total assets minus all liabilities

qrs limited company details

company number

04818003

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

July 2003

age

21

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

PHILIP BARNES & CO LIMITED

auditor

-

address

the old council chambers, halford street, tamworth, staffordshire, B79 7RB

Bank

-

Legal Advisor

-

qrs limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to qrs limited.

charges

qrs limited Companies House Filings - See Documents

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